Valoe Corporation Received a Ca. Eur 1.2 Million Order for Solar Power Plant Deliveries

Valoe Corporation                     Inside Information 1 July 2019 at 17.00 (Finnish time)             

Valoe Corporation (“Valoe”) has received an order from ForUs Capital Oy (“ForUs Capital”) for delivering solar power plants worth a total of ca. EUR 1.2 million to Finland. ForUs Capital sells electricity generated by the solar power plants to its own partners. The solar power plants will be delivered mainly during 2020. The modules supplied for the power plants are Valoe Chrystal Twin modules which are bifacial glass-glass modules with IBC cells.

ForUs Capital sells electricity generated by the solar power plants delivered by Valoe to a large international property owner and SE Mäkinen Logistics Oy. All sites locate in Finland.

Iiro Mäkinen, Managing Director of SE Mäkinen Logistics Oy: ”SE Mäkinen is known as a pioneer in its field of business and also wants to be one of the first companies to adopt future solar technology designed and manufactured in Finland.”

Eero Oksanen, Managing Director of ForUs Capital Oy: ”We look forward to seeing how much bifacial modules and IBC cells will increase the capacity of the power plants compared to traditional polycrystalline modules!”

In Mikkeli 1 July 2019

Valoe Corporation

Board of Directors

For more information:

Iikka Savisalo, President and CEO, Valoe Corporation

Tel. 2

email:

Distribution:

NASDAQ OMX, Helsinki

Main media

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.